Dfinity raises $102 million

Crypto platform startup Dfinity has raised $102 million in funding. Returning investors Polychain Capital and Andreessen Horowitz (deploying capital from their a16z crypto fund) were joined by SV Angel, Aspect Ventures, Village Global, Multicoin Capital, Scalar Capital, Wanxiang Blockchain, and Amino Capital in the investment.

Dfinity aims to build what the company dubs a “NASA for decentralization” to stand behind the project they are developing – the “Internet Computer.” The company is building a new kind of public decentralized cloud computing resource, says Dfinity. “This rests upon a new blockchain computer that is similar in concept to Ethereum but has vastly improved performance and, ultimately, unlimited capacity,” according to the company website.

Read the blog post by Dominic Williams, president/chief scientist of Dfinity, talking about the funding here:

[Image courtesy: Dfinity]

Also see:

Apple has included bitcoin whitepaper in every version of macOS since 2018 — MacRumors

In every copy of macOS that has shipped since...

Cryptocurrencies add nothing useful to society, says chip-maker Nvidia: The Guardian

The US chip-maker Nvidia has said cryptocurrencies do not “bring anything useful for society”, writes The Guardian's Alex Hern. 

Notebook Labs raises $3.3M

Notebook Labs, providers of a zero-knowledge identity infrastructure layer for Web3 protocols, has raised a $3.3 million seed round.

Synota raises $3M

Columus, Ohio-based Synota has raised a $3 million seed round.